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India, Disney and Reliance
Disney-Reliance $8.5 Billion Media Merger Closes, Creating Indian Entertainment Powerhouse
India’s entertainment landscape shifted Thursday as Reliance Industries and Disney completed their long-awaited media merger, creating an Indian powerhouse valued at $8.5 billion. The deal combines Disney’s Star India with Reliance’s Viacom18 and streaming platforms JioCinema and Hotstar.
Billionaire Mukesh Ambani’s Reliance, Disney Complete $8.5 Billion India Merger
Reliance Industries—controlled by India’s richest person, Mukesh Ambani—and Walt Disney Co. have completed merging their Indian media assets, creating India’s largest entertainment company valued at $8.
Reliance, Walt Disney close $8.5 billion merger of Indian media assets
Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit having its own CEO. The companies said the newly formed divisions are entertainment,
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1h
Reliance-Disney-Viacom18 Merger: Rs 70,000 crore deal! 100+ channels, 3 CEOs, and more - Big highlights
The media and entertainment (M&E) sector in India has seen its biggest merger and acquisition deal so far, with Viacom18’s TV ...
1h
Disney incurs $1.5-b impairment charge on Star India deal in FY24
Walt Disney reported a $1.5 billion impairment charge related to its Star India transaction, reflecting a fair value ...
Exchange 4 Media
1d
Very happy about the deal with Reliance: Walt Disney CFO Hugh Johnston
Senior Executive Vice President and CFO of Walt Disney, Hugh Johnston, was speaking during the Disney earnings call on ...
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